Board Change • May 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Huang He was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 19
Xunlei Limited to Report Q1, 2026 Results on May 28, 2026 Xunlei Limited announced that they will report Q1, 2026 results at 8:00 AM, US Eastern Standard Time on May 28, 2026 Tillkännagivande • Mar 05
Xunlei Limited to Report Q4, 2025 Results on Mar 12, 2026 Xunlei Limited announced that they will report Q4, 2025 results Pre-Market on Mar 12, 2026 Tillkännagivande • Nov 13
Xunlei Limited Provides Earning Guidance for the Fourth Quarter of 2025 Xunlei Limited provided earning guidance for the Fourth Quarter of 2025. For the fourth quarter of 2025, Xunlei estimates total revenues to be between USD 131 million and USD 139 million, and the midpoint of the range represents a quarter-over-quarter increase of approximately 6.8%. Tillkännagivande • Nov 06
Xunlei Limited to Report Q3, 2025 Results on Nov 13, 2025 Xunlei Limited announced that they will report Q3, 2025 results at 8:00 AM, US Eastern Standard Time on Nov 13, 2025 Tillkännagivande • Aug 14
Xunlei Limited Provides Earnings Guidance for the Third Quarter of 2025 Xunlei Limited provided earnings guidance for the third Quarter of 2025. For the quarter company estimates total revenues to be between USD 116 million and USD 124 million, and the midpoint of the range represents a quarter-over-quarter increase of approximately 15.4%. Tillkännagivande • Aug 07
Xunlei Limited to Report Q2, 2025 Results on Aug 14, 2025 Xunlei Limited announced that they will report Q2, 2025 results at 8:00 AM, US Eastern Standard Time on Aug 14, 2025 Tillkännagivande • Jun 03
Xunlei Limited (NasdaqGS:XNET) completed the acquisition of Shanghai Kuanghui Internet Technology Co., Ltd. for CNY 500 million. Xunlei Limited (NasdaqGS:XNET) agreed to acquire Shanghai Kuanghui Internet Technology Co., Ltd. for CNY 500 million on January 27, 2025. The total cash consideration is subject to certain adjustments.
The expected completion of the transaction is January 27, 2025 to June 30, 2025.
Xunlei Limited (NasdaqGS:XNET) completed the acquisition of Shanghai Kuanghui Internet Technology Co., Ltd. on June 2, 2025. Tillkännagivande • May 15
Xunlei Limited Provides Earnings Guidance for the Second Quarter of 2025 Xunlei Limited provided earnings guidance for the Second Quarter of 2025. For the quarter company estimates total revenues to be between USD 91 million and USD 96 million, and the midpoint of the range represents a quarter-over-quarter increase of approximately 5.3%. Tillkännagivande • May 08
Xunlei Limited to Report Q1, 2025 Results on May 15, 2025 Xunlei Limited announced that they will report Q1, 2025 results Pre-Market on May 15, 2025 Tillkännagivande • Mar 06
Xunlei Limited to Report Q4, 2024 Results on Mar 13, 2025 Xunlei Limited announced that they will report Q4, 2024 results Pre-Market on Mar 13, 2025 Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: US$0.072 (vs US$0.067 in 3Q 2023) Third quarter 2024 results: EPS: US$0.072 (up from US$0.067 in 3Q 2023). Revenue: US$79.8m (down 4.9% from 3Q 2023). Net income: US$4.60m (up 4.6% from 3Q 2023). Profit margin: 5.8% (up from 5.2% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €2.06, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 25x in the Software industry in Germany. Total loss to shareholders of 23% over the past three years. Tillkännagivande • Nov 07
Xunlei Limited to Report Q3, 2024 Results on Nov 14, 2024 Xunlei Limited announced that they will report Q3, 2024 results Pre-Market on Nov 14, 2024 Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.62, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 26x in the Software industry in Germany. Total loss to shareholders of 32% over the past three years. Tillkännagivande • Sep 23
Xunlei Limited Announces Board Appointments Xunlei Limited announced that the board of directors of the Company has appointed Mr. Hui Duan and Mr. Xiaosong Li as members of the board of directors of the Company, effective September 23, 2024. Mr. Hui Duan had served as a director of Xunlei from April 2020 to September 2023. He currently serves as the Chief Technology Officer of Beijing Itui Technology Co. Ltd. Prior to that, Mr. Duan founded his own company that provided SaaS tools and services from October 2015 to 2017. From April 2008 to April 2015, Mr. Duan served various management positions at Xunlei including vice president and the chief executive officer of a major subsidiary of Xunlei. Mr. Duan received his EMBA degree from China Europe International Business School in 2015, and bachelors degree in computer science from Peking University in 2001. Mr. Xiaosong Li has been serving as the Vice President of AGI Business at Xunlei since December 2023. From March 2018 to November 2023, he held the position of technology partner at Beijing Itui Technology Co. Ltd., where he was responsible for leading research and development in the field of artificial intelligence. From March 2008 to March 2018, he gained valuable experience working at Baidu Search Ads (Phoenix Nest), where he progressively advanced his career and ultimately served as the Chief Architect. He obtained a bachelor's degree in software engineering from Northwestern Polytechnical University in 2005 and a master's degree in computer system architecture from Chinese Academy of Sciences in 2008. New Risk • Sep 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €89.7m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: US$0.043 (vs US$0.077 in 2Q 2023) Second quarter 2024 results: EPS: US$0.043 (down from US$0.077 in 2Q 2023). Revenue: US$79.3m (down 24% from 2Q 2023). Net income: US$2.76m (down 45% from 2Q 2023). Profit margin: 3.5% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 14
Xunlei Limited Provides Revenue Guidance for the Third Quarter of 2024 Xunlei Limited provided revenue guidance for the third quarter of 2024. For the period, Company expects total revenues to be between USD 81 million and USD 86 million, and the midpoint of the range represents a quarter-over-quarter increase of approximately 4.9%. Tillkännagivande • Aug 06
Xunlei Limited to Report Q2, 2024 Results on Aug 13, 2024 Xunlei Limited announced that they will report Q2, 2024 results Pre-Market on Aug 13, 2024 New Risk • Jun 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Tillkännagivande • Jun 05
Xunlei Limited (NasdaqGS:XNET) announces an Equity Buyback for $20 million worth of its shares. Xunlei Limited (NasdaqGS:XNET) announces a share repurchase program. Under the program, the company will repurchase up to $20 million worth of its common shares or ADSs or both. The repurchase plan will be funded from the company’s cash balance. The program is valid for 12 months. New Risk • May 29
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.9% Last year net profit margin: 6.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Tillkännagivande • May 17
Xunlei Limited Provides Revenue Guidance for the Second Quarter of 2024 Xunlei Limited provided revenue guidance for the second quarter of 2024. For the quarter, the company estimates total revenues to be between $79 million and $84 million, and the midpoint of the range represents a quarter-over-quarter increase of approximately 1.4%. This estimate represents management's preliminary view as of the date of this press release, which is subject to change, and any change could be material. Tillkännagivande • May 11
Xunlei Limited to Report Q1, 2024 Results on May 16, 2024 Xunlei Limited announced that they will report Q1, 2024 results Pre-Market on May 16, 2024 Reported Earnings • Apr 26
Full year 2023 earnings released: EPS: US$0.22 (vs US$0.32 in FY 2022) Full year 2023 results: EPS: US$0.22 (down from US$0.32 in FY 2022). Revenue: US$363.7m (up 6.5% from FY 2022). Net income: US$14.2m (down 34% from FY 2022). Profit margin: 3.9% (down from 6.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 14
Full year 2023 earnings released: EPS: US$0.22 (vs US$0.32 in FY 2022) Full year 2023 results: EPS: US$0.22 (down from US$0.32 in FY 2022). Revenue: US$363.7m (up 6.5% from FY 2022). Net income: US$14.2m (down 34% from FY 2022). Profit margin: 3.9% (down from 6.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Tillkännagivande • Mar 14
Xunlei Limited Provides Revenue Guidance for the First Quarter of 2024 Xunlei Limited provided revenue guidance for the first quarter of 2024. For the first quarter, the company estimates total revenues to be between $79 million and $84 million, and the midpoint of the range represents a quarter-over-quarter increase of approximately 5.7%. This estimate represents management's preliminary view as of the date of this press release, which is subject to change and any change could be material. Tillkännagivande • Mar 08
Xunlei Limited to Report Q4, 2023 Results on Mar 14, 2024 Xunlei Limited announced that they will report Q4, 2023 results Pre-Market on Mar 14, 2024 New Risk • Nov 19
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.2% Last year net profit margin: 6.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (€88.6m market cap, or US$96.7m). Reported Earnings • Nov 16
Third quarter 2023 earnings released: US$0.026 loss per share (vs US$0.12 profit in 3Q 2022) Third quarter 2023 results: US$0.026 loss per share (down from US$0.12 profit in 3Q 2022). Net loss: US$1.73m (down 121% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 15
Xunlei Limited Provides Earnings Guidance for the Fourth Quarter of 2023 Xunlei Limited provided earnings guidance for the fourth quarter of 2023. For the period, the company expects revenues to be between USD 70 million and USD 75 million, and the midpoint of the range represents a quarter-over-quarter decrease of approximately 8.6%. The decline is due to the impact of the downsizing of domestic live streaming businesses whereas the operations of subscription and cloud computing businesses are not affected. This estimate represents management's preliminary view as of the date of this press release, which is subject to change and any change could be material. Tillkännagivande • Nov 08
Xunlei Limited to Report Q3, 2023 Results on Nov 14, 2023 Xunlei Limited announced that they will report Q3, 2023 results Pre-Market on Nov 14, 2023 New Risk • Oct 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €90.8m (US$96.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (€90.8m market cap, or US$96.1m). Tillkännagivande • Sep 02
Xunlei Limited Announces the Resignation of Mr. Sean Shenglong Zou and Mr. Hui Duan as Directors Xunlei Limited announced the resignation of Mr. Sean Shenglong Zou and Mr. Hui Duan as directors of the Company for personal reasons from August 31, 2023. Board Change • Aug 22
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ya Li was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Aug 17
Xunlei Limited Provides Earnings Guidance for the Third Quarter of 2023 Xunlei Limited provided earnings guidance for the third quarter of 2023. For the period, the company expects revenues to be between USD 79 million and USD 84 million, and the midpoint of the range represents a quarter-over-quarter decrease of approximately 21.9%. The decline is due to the impact of the downsizing of our domestic live streaming businesses whereas the operations of our subscription and cloud computing businesses are not affected. Tillkännagivande • Aug 09
Xunlei Limited to Report Q2, 2023 Results on Aug 15, 2023 Xunlei Limited announced that they will report Q2, 2023 results Pre-Market on Aug 15, 2023 Tillkännagivande • Jun 14
Xunlei Limited Provides Revenue Guidance for the Second Quarter of 2023 Xunlei Limited provided revenue guidance for the second quarter of 2023. For the quarter, the company estimated total revenues will be between $101 million and $106 million, and the midpoint of the range represents a quarter-over-quarter increase of approximately 4.3%. Tillkännagivande • Jun 07
Xunlei Limited (NasdaqGS:XNET) announces an Equity Buyback for $20 million worth of its shares. Xunlei Limited (NasdaqGS:XNET) announces a share repurchase program. Under the program, the company will repurchase up to $20 million worth of its common shares or ADSs or both. The repurchase plan will be funded from the company’s cash balance. The program is valid for 12 months. Tillkännagivande • May 23
Xunlei Limited Downsizes Its Domestic Live Streaming Business Xunlei Limited announced that it is taking proactive measures to adjust certain business operations. Particularly, the Company is downsizing its domestic audio live streaming operations due to lower gross margin of such business and the rapidly evolving and challenging industry environment. As a result of this change, the Company expects that revenues from live streaming and other IVAS segment will be significantly reduced going forward. The Company will evaluate the impact of this initiative and provide an update on the second quarter revenue guidance in the near future. Tillkännagivande • May 19
Xunlei Limited Provides Revenue Guidance for the Second Quarter of 2023 Xunlei Limited provided revenue guidance for the second quarter of 2023. For the period, the company estimates total revenues to be between USD 111 million and USD 117 million, and the midpoint of the range represents a quarter-over-quarter increase of approximately 14.9%. Reported Earnings • May 18
First quarter 2023 earnings released: EPS: US$0.017 (vs US$0.081 in 1Q 2022) First quarter 2023 results: EPS: US$0.017 (down from US$0.081 in 1Q 2022). Revenue: US$98.9m (up 26% from 1Q 2022). Net income: US$1.13m (down 79% from 1Q 2022). Profit margin: 1.1% (down from 6.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Tillkännagivande • May 13
Xunlei Limited to Report Q1, 2023 Results on May 16, 2023 Xunlei Limited announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on May 16, 2023 Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: US$0.32 (vs US$0.018 in FY 2021) Full year 2022 results: EPS: US$0.32 (up from US$0.018 in FY 2021). Revenue: US$341.5m (up 43% from FY 2021). Net income: US$21.5m (up US$20.3m from FY 2021). Profit margin: 6.3% (up from 0.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €1.55, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 26x in the Software industry in Germany. Total loss to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 18% share price gain to €1.72, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 29x in the Software industry in Germany. Total loss to shareholders of 61% over the past three years. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: US$0.12 (vs US$0.076 loss in 3Q 2021) Third quarter 2022 results: EPS: US$0.12 (up from US$0.076 loss in 3Q 2021). Revenue: US$88.1m (up 47% from 3Q 2021). Net income: US$8.35m (up US$13.5m from 3Q 2021). Profit margin: 9.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Ya Li was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: US$0.12 (vs US$0.076 loss in 3Q 2021) Third quarter 2022 results: EPS: US$0.12 (up from US$0.076 loss in 3Q 2021). Revenue: US$88.1m (up 47% from 3Q 2021). Net income: US$8.35m (up US$13.5m from 3Q 2021). Profit margin: 9.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 15% share price gain to €1.13, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 25x in the Software industry in Germany. Total loss to shareholders of 73% over the past three years. Tillkännagivande • Nov 11
Xunlei Provides Revenue Guidance for the Fourth Quarter of 2022 For the fourth quarter of 2022, Xunlei estimates total revenues to be between $90 million and $95 million, and the midpoint of the range represents a quarter-over-quarter increase of approximately 4.8%. This estimate represents management's preliminary view as of the date of this press release, which is subject to change and any change could be material. Tillkännagivande • Nov 02
Xunlei Limited to Report Q3, 2022 Results on Nov 10, 2022 Xunlei Limited announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Nov 10, 2022 Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €1.34, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 27x in the Software industry in Germany. Total loss to shareholders of 47% over the past three years. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: US$0.089 (vs US$0 in 2Q 2021) Second quarter 2022 results: EPS: US$0.089 (up from US$0 in 2Q 2021). Revenue: US$78.0m (up 42% from 2Q 2021). Net income: US$6.02m (up US$6.00m from 2Q 2021). Profit margin: 7.7% (up from 0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 17
Xunlei Limited Provides Earnings Guidance for the Third Quarter of 2022 Xunlei Limited provided earnings guidance for the third quarter of 2022. For the period, the company estimates total revenues to be between USD 82 million and USD 87 million, and the midpoint of the range represents a quarter-over-quarter increase of approximately 7.9%. Tillkännagivande • Aug 10
Xunlei Limited to Report Q2, 2022 Results on Aug 16, 2022 Xunlei Limited announced that they will report Q2, 2022 results Pre-Market on Aug 16, 2022 Reported Earnings • May 19
First quarter 2022 earnings released: EPS: US$0.081 (vs US$0.10 in 1Q 2021) First quarter 2022 results: EPS: US$0.081 (down from US$0.10 in 1Q 2021). Revenue: US$78.8m (up 49% from 1Q 2021). Net income: US$5.47m (down 19% from 1Q 2021). Profit margin: 6.9% (down from 13% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Tillkännagivande • May 18
Xunlei Limited Provides Revenue Guidance for the Second Quarter of 2022 Xunlei Limited provided revenue guidance for the second quarter of 2022. For the second quarter of 2022, the company estimates total revenues to be between USD 77 million and USD 82 million, and the midpoint of the range represents a quarter-over-quarter increase of approximately 0.6%. This estimate represents management's preliminary view as of the date of this press release, which is subject to change and any change could be material. Tillkännagivande • May 10
Xunlei Limited to Report Q1, 2022 Results on May 17, 2022 Xunlei Limited announced that they will report Q1, 2022 results Pre-Market on May 17, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Ya Li was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 01
Xunlei Limited (NasdaqGS:XNET) announces an Equity Buyback for $20 million worth of its shares. Xunlei Limited (NasdaqGS:XNET) announces a share repurchase program. Under the program, the company will repurchase up to $20 million worth of its common shares or ADSs or both. The repurchase plan will be funded from the company’s cash balance. The program is valid for 12 months. Reported Earnings • Mar 18
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.018 (up from US$0.20 loss in FY 2020). Revenue: US$238.8m (up 28% from FY 2020). Net income: US$1.19m (up US$15.0m from FY 2020). Profit margin: 0.5% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €1.29, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 28x in the Software industry in Germany. Total loss to shareholders of 65% over the past three years. Tillkännagivande • Feb 17
Xunlei Limited Launches Enterprise NFT Service Platform Xunlei Limited announced that the Company has launched a blockchain based enterprise digital NFT (“Non-Fungible Token”) service platform (the “platform”), aiming to help enterprises and organizations achieve on-chain their digital assets. The platform provides a full service of NFT design, minting, showcasing, management, etc. The NFTs minted on Xunlei’s ThunderChain are uniquely identified by the ThunderChain technology, and are permanently preserved in the ThunderChain with unique serial numbers on the chain through the deployment of intelligent contract technology. In addition to images, the platform also supports different types of digital content, such as in-game items, audio and video clips, collectibles, and event tickets. The platform will enable more enterprises to find new business opportunities and innovative marketing strategies, and provide more value-added services to target users. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment deteriorated over the past week After last week's 21% share price decline to €1.66, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 35x in the Software industry in Germany. Total loss to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €1.94, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 35x in the Software industry in Germany. Total loss to shareholders of 57% over the past three years. Reported Earnings • Nov 12
Third quarter 2021 earnings released: US$0.076 loss per share (vs US$0.022 loss in 3Q 2020) The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$59.8m (up 37% from 3Q 2020). Net loss: US$5.10m (loss widened 250% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €2.64, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 39x in the Software industry in Germany. Total loss to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 22% share price decline to US$2.68, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 47x in the Software industry in Germany. Total loss to shareholders of 66% over the past three years. Executive Departure • Jun 09
Chief Operating Officer Wei Min Luo has left the company On the 1st of June, Wei Min Luo's tenure as Chief Operating Officer ended after 1.1 years in the role. We don't have any record of a personal shareholding under Wei Min's name. Wei Min is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • May 21
First quarter 2021 earnings released: EPS US$0.10 (vs US$0.081 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$53.0m (up 10.0% from 1Q 2020). Net income: US$6.75m (up US$12.3m from 1Q 2020). Profit margin: 13% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 28
Full year 2020 earnings released: US$0.20 loss per share (vs US$0.79 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$186.4m (up 3.2% from FY 2019). Net loss: US$13.8m (loss narrowed 74% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Mar 17
Xunlei Limited Provides Earnings Guidance for the First Quarter of 2021 Xunlei Limited provided earnings guidance for the first quarter of 2021. For the year, the company expects total revenues to be between USD 53 million and USD 56 million, and the midpoint of the range represents a quarter-on-quarter increase of approximately 8.0%. Reported Earnings • Mar 17
Full year 2020 earnings released: US$0.20 loss per share (vs US$0.79 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$186.4m (up 3.2% from FY 2019). Net loss: US$13.8m (loss narrowed 74% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 12% per year. Tillkännagivande • Mar 11
Xunlei Limited to Report Q4, 2020 Results on Mar 16, 2021 Xunlei Limited announced that they will report Q4, 2020 results Pre-Market on Mar 16, 2021 Is New 90 Day High Low • Feb 10
New 90-day high: €4.54 The company is up 101% from its price of €2.26 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 11% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: €2.72 The company is up 8.0% from its price of €2.52 on 09 October 2020. The German market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Software industry, which is down 17% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: US$0.022 loss per share The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2020 results: Revenue: US$43.7m (flat on 3Q 2019). Net loss: US$1.46m (loss narrowed 94% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Nov 10
Xunlei Limited Announces Cooperation to Offer Joint Cloud Storage Services Xunlei Limited announced that the Company established cooperation with Shijilong Information Network Co. Ltd. on November 6, 2020 to develop joint cloud storage services. Shijilong is a wholly-owned subsidiary of China Telecom. According to this cooperation, Xunlei will leverage its technological expertise by providing e-Surfing Cloud Storage, the cloud storage product run by Shijilong, with “Xunlei Space” services, a public cloud product. The cooperation will enable e-Surfing Cloud Storage to cover both public cloud and private cloud services. As part of the cooperation, the parties intend to launch a joint membership program, under which users will have simultaneous access to both of their cloud storage services. Tillkännagivande • Nov 07
Xunlei Limited to Report Q3, 2020 Results on Nov 12, 2020 Xunlei Limited announced that they will report Q3, 2020 results at 9:00 AM, China Standard Time on Nov 12, 2020 Is New 90 Day High Low • Oct 30
New 90-day low: €2.30 The company is down 27% from its price of €3.14 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Software industry, which is also down 27% over the same period. Is New 90 Day High Low • Oct 10
New 90-day low: €2.52 The company is down 30% from its price of €3.58 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period. Tillkännagivande • Aug 22
Xunlei Limited to Report Q2, 2020 Results on Aug 25, 2020 Xunlei Limited announced that they will report Q2, 2020 results at 9:00 AM, China Standard Time on Aug 25, 2020 Tillkännagivande • Jul 30
Itui International Inc. completed the acquisition of 11.1% stake in Xunlei Limited (NasdaqGS:XNET) from King Venture Holdings Limited. Itui International Inc. entered into a definitive agreement to acquire 11.1% stake in Xunlei Limited (NasdaqGS:XNET) from King Venture Holdings Limited on April 2, 2020. King Venture Holdings Limited agreed to exchange the common shares of Xunlei that it owns for shares of Itui. In related transactions, Itui International entered into definitive agreements with each of Xiaomi Ventures Limited, Morningside China TMT Special Opportunity Fund, L.P. and Morningside China TMT Fund III Co-Investment, L.P. to acquire stake in Xunlei Limited on April 2, 2020. The transaction is subject to closing conditions to be fulfilled by the contracting parties.
Itui International Inc. completed the acquisition of 11.1% stake in Xunlei Limited (NasdaqGS:XNET) from King Venture Holdings Limited on April 14, 2020. The common shares of Xunlei Limited were transferred in exchange of Series D Preferred Shares of Itui International Inc. Jinbo Li, Hui Duan, Peng Shi and Weimin Luo have been appointed as members of Xunlei Board, and Chuan Wang, Feng Hong, Tao Zou and Qin Liu resigned from Xunlei’s Board. Jinbo Li has been appointed as the Chairman and Jinbo Li as the Chief Executive Officer. Number of Directors constituting the whole Issuer Board decreased from nine to eight.